Federal Bank has obtained RBI approval to open representative offices at Kuwait and Singapore.
The bank has been the preferred banker for NRI's and the NRI friendly measures have resulted in increasing inflow of foreign remittances.
The bank already has its representative offices in Abu Dhabi and Dubai and it has tied up with 110+ overseas banks/remittance partners.
Capital Adequacy Ratio (CAR) is also known as Capital to Risk (Weighted) Assets Ratio (CRAR), is the ratio of a bank's capital to its risk.
1. The capital adequacy ratio (CAR) is a measure of a bank's capital.
2. It is used to protect depositors and promote the stability and efficiency of financial systems around the world.
3. National regulators track a bank's CAR to ensure that it can absorb a reasonable amount of loss and complies with statutory Capital requirements.
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